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Fed doubts grow over December rate cut with Kashkari on fence
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said he didn’t support the US central bank’s last interest-rate cut, though he’s still undecided on the best course of action for its December policy meeting. “The anecdotal evidence and the data we got just implied to me underlying resilience in economic activity, more than I had expected,” Kashkari said Thursday in an interview with Bloomberg News. That, he said, argued for a pause to rate cuts at the Fed’s October meeting. Since then, available data have suggested “more of the same” for the economy, Kashkari said. For the upcoming ... (full story)
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Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odds of a reduction in borrowing costs in December to below 50%. As if to underscore the knife-edge ...
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From capitalspectator.com | Nov 13, 2025
The government shutdown has ended and new government data will soon start to roll out ahead of the next Federal Reserve policy announcement on Dec. 10. The modest uptick in inflation lately will keep markets guessing, but several estimates of payrolls from private sources in recent days suggest that the case for more easing still has the edge. Numbers ...
